The first unexpected costs arrived in December, simply days prior to Tara Lovell’s partner regarding 40 years passed away regarding bladder cancer
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Lovell worked as an enthusiastic ultrasound technologist during the local cashland Audrain Community Healthcare, inside Mexico, Missouri, and you can is investing more $eight hundred a month getting health insurance using this lady work. Brand new town’s striving medical, the sole health professional and you can big company, had altered control recently, attempting to sell into Good Health, a personal equity-backed business whoever professionals got never run a hospital.
And also as the drama deepened, Good lent nearly $10 billion in the high-risk loans which have interest rates away from twenty five% in order to fifty%, centered on former professionals which have experience in the business’s profit
Because medical facilities collapsed, Lovell as well as the facilities’ physicians, nurses, and you will patients spotted facts that the the newest owners had been skimping with the features – not paying to possess and you will inventory surgical provides and you can pills.